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Updated over 4 years ago on . Most recent reply

User Stats

85
Posts
38
Votes
Michael Clay
  • Charlotte, NC
38
Votes |
85
Posts

Owner Financing Question

Michael Clay
  • Charlotte, NC
Posted

I know I've heard people on the podcast talk about selling their owner financing deals with owner financing. I'm wondering how this works since I'm assuming the closing attorney on the sell-side would see that there is a loan from the purchase that would need to be satisfied prior to closing.

I'm asking because I have a deal that I'm buying using OF and this strategy would make it a home run.


Any advice is greatly appreciated.  Thanks in advance!

Most Popular Reply

User Stats

177
Posts
68
Votes
Sandy Sawyer
  • Realtor
  • Houston, TX
68
Votes |
177
Posts
Sandy Sawyer
  • Realtor
  • Houston, TX
Replied

Well congratulations! There's more than one way to skin a cat! (but who goes around skinning cats anyway?!)

@Michael Clay

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